|Friday, 10 November 2017, 13:32 HKT/SGT|
Source: NTT DOCOMO
|- Invests in PRENAV through subsidiary DOCOMO Ventures -|
TOKYO, Nov 10, 2017 - (JCN Newswire) - NTT DOCOMO, INC. and its wholly owned subsidiary NTT DOCOMO Ventures, Inc. has announced that as part of the DOCOMO Drone Project, which was launched in October 2016 to facilitate the use of automatic-pilot drones, including enhanced infrastructure inspections featuring standardized quality, greater efficiency and the elimination of injury due to human error, DOCOMO, through NTT DOCOMO Ventures, invested in PRENAV, INC. on November 9.
PRENAV, which is headquartered in the San Francisco Bay Area, develops precision-guided drones for infrastructure inspection. Leveraging a proprietary LIDAR scanner and guidance system, PRENAV's drones are capable of automated flight in close proximity to structures, or indoors (i.e. in GPS-denied environments). The company's unique technology enables industrial asset owners and service providers to scale drone-based inspections across their workforce, relying on automation to ensure safe, accurate flight and efficient image processing, 3D reconstruction, measurement and analysis. PRENAV is actively inspecting mobile phone towers and energy infrastructure in the United States, and this investment marks PRENAV's expansion to Japan.
In October 2017, as a first step in the DOCOMO Drone Project, DOCOMO began using manually operated drones on a trial basis to inspect base stations, aiming to eliminate the danger of technicians having to climb steel towers and to achieve more precise inspections of blind spots. In addition to inspecting its own facilities, DOCOMO plans to leverage PRENAV's drone solutions to deliver commercial solutions for inspecting other facilities, such as piers, power plants and oil drilling equipment, and highly beneficial services such as seismic fault identification and physical asset management.
The DOCOMO Drone Project will continue to test the concept of combining DOCOMO's mobile network and drone solutions.
About NTT DOCOMO Ventures
NTT DOCOMO Ventures, the NTT Group's corporate venture capital firm, aims to accelerate innovation for creation of new services, disruptive technologies and innovative processes serving as a primary channel for startup companies and venture communities on behalf of the NTT Group, Japan's leading ICT service provider. We proactively enhance cooperation with exceptional entrepreneurs on a worldwide scale by providing capital from our corporate venture funds and vast business development opportunities with the NTT Group companies. New windowhttps://www.nttdocomo-v.com/en/.
About NTT DOCOMO
NTT DOCOMO, Japan's leading mobile operator with over 76 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations. DOCOMO is listed on the Tokyo Stock Exchange (9437). https://www.nttdocomo.co.jp/english/.
Public Relations Department
Nov 10, 2017 13:32 HKT/SGT
Source: NTT DOCOMO
NTT DOCOMO (TSE: 9437)
Topic: Press release summary
Sectors: Electronics, Aerospace/Defence
From the Asia Corporate News Network
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